Reebonz CEO Samuel Lim

Vertex Ventures, UK-based S4 pick up stake in Reebonz Holding


Vertex Ventures has acquired $5 million worth of common shares of Reebonz Holding Limited (RBZ), the entity created after the merger of Singapore’s Reebonz with US-based DOTA.

Singapore’s Carousell makes top hires to lead operations, strategy

Carousell has appointed Su Lin Tan, and former RedMart COO Colin Bryar as vice president of operations and advisor, respectively.

Singapore-based GrabJobs raises $681k more in seed round, defers Series A

The startup claims the additional pre-Series A sum raised would enable it to become cash flow positive by April 2019.

Carmen Automotive secures $730k in pre-Series A round led by Silicon Solution Ventures

Carmen aims to raise its Series A round in the next 12 months on the back of strong investor interest.

Temasek unit Fullerton makes key appointments to build new PE team

Tan Huck Khim, a former Credit Suisse fund management executive, joined Fullerton in December as its Head of Private Equity.

Malaysian theme parks group Sim Leisure seeks Catalist listing

The group seeks to raise invest the IPO proceeds to fund a new park in China’s Shandong province apart from expanding its existing theme park operations.

Aerogen uses $11.4m part of Temasek investment for staff incentives

In November 2018, Temasek announced a minority stake acquisition of Aerogen through the purchase of a secondary share interest.

SG-listed Artivision in talks to extend long stop date for MC Payment acquisition

In May last year, Artivision had announced entering into a conditional sales purchase agreement to acquire MC Payment for a consideration of up to S$125 million ($94 million).

Prefer to invest in picks and shovels in SE Asia, says B Capital’s Narang

The VC firm closed its maiden fund at $360 million in 2018.

Indonesia’s Go-Jek extends Singapore service to cover entire city

The island-wide roll-out is part of its continued beta phase for Singapore, which started in November.